Recent

% | $
Quotes you view appear here for quick access.

Intel Corporation Message Board

  • sujit_98 sujit_98 May 23, 2013 5:21 PM Flag

    Canaccord: ARM upgraded to $56

    ARM Holdings (NASDAQ:ARMH): In light of Tuesday’s analyst day, Canaccord raised its estimates for the company after its management pointed out strong long-term royalty and market growth opportunities into high and low tier smartphones. Canaccord also believes it is well positioned to benefit from increasing emerging market feature phones, tablets, and high-tier smartphone refreshes. It rates the shares at Buy with a $56 price target, up from $52.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • ARM Holdings Price Target Raised to GBX 56 at Canaccord Genuity (ARM)
      Posted by: Pezhman Azimi Posted date: May 23, 2013 In: Analyst Articles - UK, Investing

      Something is confused.

      • 1 Reply to alexander.dumbass
      • Yeah, one of the fanbois on the London message board site filled his entire post yesterday by repeating "56" endlessly. He was pretty excited. I don't think he was quite as excited about the 8 percent drop in the stock at the same time. LOL

        And what's up with Canaccord??? Talk about a totally embarrassing target increase.

        At least several of the posters to the site have the brains to recognize the threat that Intel presents. The word is spreading...

    • Investment analysts at Canaccord Genuity raised their target price on shares of ARM Holdings (LON: ARM) from GBX 52 ($0.80) to GBX 56 ($0.86) in a note issued to investors on Wednesday, Stock Ratings Network reports. The firm currently has a “buy” rating on the stock.

      ARM Holdings (LON: ARM) traded down 1.41% on Wednesday, hitting GBX 1050.00. ARM Holdings has a 1-year low of GBX 463.60 and a 1-year high of GBX 1108.00. The stock’s 50-day moving average is currently GBX 576.4. The company’s market cap is £14.665 billion.

      A number of other firms have also recently commented on ARM. Analysts at Prime Markets reiterated a “sell” rating on shares of ARM Holdings in a research note to investors on Wednesday. They now have a GBX 975 ($14.99) price target on the stock. Separately, analysts at UBS AG reiterated a “neutral” rating on shares of ARM Holdings in a research note to investors on Wednesday. They now have a GBX 950 ($14.60) price target on the stock. Finally, analysts at Jefferies Group reiterated a “buy” rating on shares of ARM Holdings in a research note to investors on Wednesday. They now have a GBX 1,300 ($19.98) price target on the stock.

      Six investment analysts have rated the stock with a sell rating, eight have issued a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of GBX 890.23 ($13.68).

 
INTC
31.57+0.08(+0.25%)May 27 4:00 PMEDT